ISX index trading exceeds ID8.5b, rises 1.3 points this week

BAGHDAD / IraqiNews.com: The Iraqi Stock Exchange (ISX) index traded over 5.3 billion shares worth 8.5 billion Iraqi dinars (roughly $7.2 million), increasing by 1.3 points to close at 94 points. This week’s trading took place through 1314 deals. Non-Iraqi investors obtained 41 purchase deals worth 1.963 billion dinars and 27 sale deals worth 1.905 billion dinars. The ISX had registered a growth by 1.3 points to close at 94 points. The ISX witnessed its first E-trading session on April 19, 2009 over five registered companies, three banks and two hotels. The banks were: Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were: Ashtar Hotel and Al-Mansour Hotel. On June 7, the Iraqi Middle East Investment Bank and the Warka Bank joined the electronic trading sessions. The ISX now holds five sessions from Sunday to Thursday. SH (P) 1